In average, 67% of full-time first-time beginning undergraduate students (freshmen) have received grants and/or scholarships at Salem State vs Babson. The average financial aid amount received is $27,635. For all undergraduate students, 55.00% received grants/scholarship and the average aid amount is $26,818
The average tuition & fees for the schools is $12,338 for state residents and $38,342 for out-of-state students. The average cost of attendance (COA) including tuition & fees, book & supplies, and living costs for Salem State vs Babson is $60,715 and, after receiving financial aid, the actual cost is down to $33,080.
Salem State vs Babson: Financial Aid Comparison
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Financial Aid Comparison Table
| School Name | Tuition & Fees |
Beginning Undergraduate Students (Freshmen) | All Undergraduate Students |
|---|
| Percent Receiving Aid | Average Amounts | Percent Receiving Aid | Average Amounts |
|---|
|
Babson CollegeWellesley, MA | $57,152 | 36.00% | $47,028 | 39.00% | $45,359 |
|---|
|
Salem State UniversitySalem, MA | $19,531 ($12,338) | 98.00% | $8,241 | 71.00% | $8,277 |
|---|
| Average | $38,342 ($12,338) | 67% | $27,635 |
55% | $26,818 |
|---|
*The tuition data is updated with academic year 2024-2025 data from IPEDS (Integrated Postsecondary Education Data System) (Last Update: January 2, 2025). The financial aid information is based on the IPEDS data for the academic year 2024-2025.